The following partial work sheet covers the affairs of Ketcher and Company for the year ended June
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The following partial work sheet covers the affairs of Ketcher and Company for the year ended June 30.
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Ketcher and Company Work Sheet For Year Ended June 30, 20- INCOME STATEMENT DEBIT BALANCE SHEET ACCOUNT NAME CREDIT DEBIT CREDIT 7 Cash 37,302.00 97,55700 117,274.00 2,410.00 2,700.00 Morchandise Inventory 10Propaid Insuranco Delivery Equipment 6,240.00 Store Equipment Accumulated Depreciation, Store Equipment Accounts Payable J. Kotchor, Capital 35,900.00 0.480.00 77,328.00 93,810.00 14 16 17 J. Kotcher, Drawing 18 Sales 40,350.00 532,262.00 397830.00 20 Purchases Returns and Allowances 21 8,81700 6,935.00 Froight In 23 Salary Expense 24 Delivery Equipment Expense 25 Supplies Expense 26 Miscellaneous Expense 23,400.00 54,700.00 9,492.00 2,416.00 1,800.00 113,202.00 117,274.00 28Income Summary 29 Salarios Payablo 1,645.00 2,940.00 2,800.00 2718.00 Insuranco Exponso 31 Depreciation Expense, Delivery Equipment 611,298.00 665,288.00 343,493.00 289,503.00 53,990.00 665.288.00 665.288.00 343.493.00 343493.00 Net Income 53,990.00 IHI Sheet1 Sheet2 Sheet3
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GENERAL JOURNAL PAGE DATE DESCRIPTION POST REF DEBIT CREDIT 20 Adjusting Entries June 30 Income Summ...View the full answer
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